## Tsodilo reports Botswana Iron Assays including 40% over 79m

May 10th, 2012Tsodilo Resources Limited TSXV:TSD announced assays from its Xaudum Magnetite Project in Botswana. Results include

32.7% iron over 27 metres

40.4% over 46 metres

45.1% over 21 metres

34.7% over 41 metres

39.3% over 74 metres

43.6% over 37 metres

40.7% over 37 metres

34.9% over 28 metres

38.8% over 28 metres

38.8% over 22 metres

37% over 25 metres

37.3% over 42 metres

40% over 79 metres

47.5% over 34 metres

Over the next four months Tsodilo will continue drilling the Xaudum Ironstones to outline the extent of the deposit.

Contact:

James M. Bruchs

Chairman/CEO

416.572.2033

or Mike de Wit

President/COO

416.572.2033

*by Ted Niles*